Sipprelle to Holt: "Where are the jobs?"

Princeton, February 17, 2010 – Labeling the so-called federal stimulus package signed into law a year ago today “an historic waste of taxpayer dollars that cost people their jobs instead of creating new ones,” businessman Scott Sipprelle (R-Princeton) slammed incumbent Congressman Rush Holt (D-12) for marching in lock-step with House Speaker Nancy Pelosi and casting a vote in favor of the failed legislation.

“I challenge Rush Holt to answer one simple question: Where are the jobs?” asked Sipprelle. “The Congressman voted for a massive government spending bill that has made a bad situation worse. A year later, he owes his constituents some answers.”

Official numbers from the Bureau of Labor indicate that unemployment in New Jersey stood at around 8% when the bill was passed, and now stands at around 10%. The actual situation is likely even more dire than it appears, since millions of people have given up finding a job altogether and aren’t counted in the figures reported.

“While Rush Holt and Nancy Pelosi believe that our problems are best solved by government intervention and irresponsible federal spending, I believe our path back to prosperity requires us to slash spending, reduce the debt and cut taxes to unleash economic growth and create millions of new jobs,” said Sipprelle. “Unlike other politicians from both parties who complain but offer no solutions to the problems we face, I have matched my criticisms of the current Congress with detailed, bold actions outlined in my Blueprint for Renewal that will reverse the destructive course we are currently on and restore the American Dream for everyone willing to work hard and play by the rules.”